kccrow |
10-26-2022 03:08 PM |
Quote:
Originally Posted by DJ's left nut
(Post 16556099)
I was trying to think about the mechanics of how they'd do that.
I mean I guess the easy answer is a new contract that turns his salary next year into bonus this year and reduces his guaranteed salary next season.
But at a point what's the cash value of the draft pick? Or hell, the rollover value of the cap space?
Let's say in one hand you can move him for a 7th round pick to a team that's just willing to take the contract.
And on the other you can convert that $18 million in guarantees to $7 million in guarantees and $11 million in bonus that accelerates onto your cap. In so doing, you can get yourself a 3rd.
If you're the Texans, you're effectively buying a 3rd rounder for $11 million. You're writing him that check right then and there.
Is that worthwhile for the owner? Is it a good use of the cap space for the team? Because if you don't use it, you'll have it next season via the rollover mechanism.
There's gotta be a puke point in there somewhere, right?
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I was just looking at his contract and apparently, there was some misreporting being done or something...
He has 1.17 of guaranteed salary this year and 8.11 million in bonus money. His salary goes up to 18 and 13 million in 2023 and 2024, respectively. They have the 8.11 million in bonus money tacked on in each of those years for cap hits of 26 and 21 million.
So, they are really just paying the balance of the 8.11 left this year, let's call it about 5 million, to pick up a 3rd-round pick provided they are intent on releasing him anyhow in the offseason.
If you can restructure a little of that money next year into a bonus, for example 5 million, you could have Cooks for 2 years at 15.5 million per. That's not bad for a guy that can get you 1100 yards in an offense taylor-made for his skill set.
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